PNDDF (Pender Growth Fund) Scaled Net Operating Assets: 0.96 (As of Mar. 2026)


PNDDF Pender Growth Fund Inc PNDDF
47 GF Score
Price $6.78
GF Value $0.55
! 4 Warning Signs
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What is Pender Growth Fund Scaled Net Operating Assets?

Pender Growth Fund PNDDF 47 Scaled Net Operating Assets is 0.96 as of Mar. 2026. GuruFocus rates PNDDF with a GF Score™ of 47/100 and a GF Value™ of $0.55. The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pender Growth Fund's operating assets for the quarter that ended in Mar. 2026 was $80.80 Mil. Pender Growth Fund's operating liabilities for the quarter that ended in Mar. 2026 was $0.27 Mil. Pender Growth Fund's Total Assets for the quarter that ended in Dec. 2025 was $83.97 Mil. Therefore, Pender Growth Fund's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.96.

PNDDF
47GF Score
Pender Growth Fund Inc PNDDF
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Pender Growth Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pender Growth Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(80.539-0.31)/87.291
=0.92

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=83.967 - 3.428
=80.539

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.31 - 0 - 0
=0.31

Pender Growth Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(80.802-0.27)/83.967
=0.96

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=83.433 - 2.631
=80.802

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.27 - 0 - 0
=0.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.96 mean?
Pender Growth Fund (PNDDF) has a Scaled Net Operating Assets of 0.96 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Pender Growth Fund and its competitors.
Is Pender Growth Fund's Scaled Net Operating Assets too high?
Pender Growth Fund's current Scaled Net Operating Assets is 0.96. Overall, Pender Growth Fund has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Pender Growth Fund's Scaled Net Operating Assets compare to BLK and BX?
Pender Growth Fund's Scaled Net Operating Assets of 0.96 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Pender Growth Fund and its competitors. Pender Growth Fund's current Scaled Net Operating Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pender Growth Fund stock overvalued right now?
Pender Growth Fund (PNDDF) has a current Scaled Net Operating Assets of 0.96. The stock's GF Value™ is $0.55, compared to a current price of $6.78 — trading 1133.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.96. Pender Growth Fund's overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Pender Growth Fund (PNDDF), the current Scaled Net Operating Assets is 0.96 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pender Growth Fund (PNDDF) Overvalued in 2026?

Based on GuruFocus' analysis, Pender Growth Fund stock appears to be overvalued. The current stock price of $6.78 is trading 1133.5% above its estimated GF Value™ of $0.55.

Key valuation signals for PNDDF:

  • Scaled Net Operating Assets: 0.96
  • GF Value™: $0.55 vs. price of $6.78 (1133.5% above fair value)
  • GF Score™: 47/100 with 4 warning signs

No single metric tells the full story. See the PNDDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pender Growth Fund Business Description

Other Exchanges PTF:Canada
Address 1066 West Hastings Street, Suite 1830, Vancouver, BC, CAN, V6E 3X2
Pender Growth Fund Inc is an asset management firm. The investment objective of the company is to achieve long-term capital growth from investment in opportunities identified by the Manager. The company generates its revenue in the form of dividends and interest. Its solutions include: All Fund Solutions; Equity; Fixed Income; Multi-Asset; Liquid Alternative; and Venture Capital.
47GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.78
Price
$0.55
GF Value